Turning Point Brands (TPB) Work In Process (2020 - 2024)
Turning Point Brands (TPB) reported Work In Process of $37.8 million for Q3 2024, down 28.78% year-over-year from $53.0 million in Q4 2023, and down 9.28% quarter-over-quarter from $41.6 million in Q2 2024.
Turning Point Brands (TPB) Work In Process (2020 - 2024) Analysis & Trends
Turning Point Brands (TPB) has 5 years of Work In Process data on file, last reported at $37.8 million in Q3 2024.
- Work In Process for Q3 2024 came in at $37.8 million, down 28.78% year-over-year; the trailing twelve-month figure through Sep 2024 was $37.8 million (down 28.78% YoY), and the FY2023 annual result was $34.9 million, down 19.72% from the prior year.
- Work In Process slipped to $37.8 million in Q3 2024 per TPB's latest filing, from $41.6 million in the prior quarter.
- Over five years, Work In Process peaked at $55.8 million in Q2 2023 and troughed at $32.9 million in Q4 2020.
- A 5-year average of $42.5 million and a median of $41.5 million in 2024 frame the typical range for Work In Process.
- The sharpest annual moves came in 2022 and 2024: Work In Process climbed 21.18% in 2022, then retreated 28.78% in 2024.
- A 5-year view of Work In Process shows it stood at $32.9 million in 2020, then increased by 8.96% to $35.9 million in 2021, then gained by 21.08% to $43.5 million in 2022, then slipped by 19.72% to $34.9 million in 2023, then gained by 8.22% to $37.8 million in 2024.
- Business Quant data shows TPB's Work In Process at $37.8 million in Q3 2024, $41.6 million in Q2 2024, and $41.5 million in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 277.78 Bn | 274.30 Bn | 6.91 Bn |
| 2 | Altria | 120.77 Bn | 117.29 Bn | 3.51 Bn |
| 3 | British American Tobacco p.l.c | 45.84 Bn | 40.53 Bn | - |
| 4 | Turning Point Brands | 1.66 Bn | 1.49 Bn | 68.30 Mn |
| 5 | Universal | 1.35 Bn | 1.30 Bn | 98.47 Mn |
| 6 | RLX Technology | 355.86 Mn | -269.04 Mn | 73.10 Mn |
| 7 | Ispire Technology | 97.40 Mn | 79.11 Mn | 1.99 Mn |
| 8 | Rythm | 54.37 Mn | 21.11 Mn | 10.40 Mn |
| 9 | Greenlane Holdings | 11.69 Mn | -26.54 Mn | 217,000.00 |
| 10 | 22nd Century | 2.50 Mn | -7.04 Mn | -636,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 37.76 Mn |
| Jun 30, 2024 | 41.62 Mn |
| Mar 31, 2024 | 41.46 Mn |
| Dec 31, 2023 | 34.89 Mn |
| Sep 30, 2023 | 53.02 Mn |
| Jun 30, 2023 | 55.79 Mn |
| Mar 31, 2023 | 40.13 Mn |
| Dec 31, 2022 | 43.47 Mn |
| Sep 30, 2022 | 46.23 Mn |
| Jun 30, 2022 | 49.16 Mn |
| Mar 31, 2022 | 47.73 Mn |
| Dec 31, 2021 | 35.90 Mn |
| Sep 30, 2021 | 38.15 Mn |
| Jun 30, 2021 | 40.78 Mn |
| Mar 31, 2021 | 41.71 Mn |
| Dec 31, 2020 | 32.95 Mn |